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For SaleLuxury

$3,100,000

18,199 sqft$170/sqft584 days on market

3361 Fletcher Dr Dr

Los Angeles, CA 90065

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

18,199

Square feet

1938

Built

Listing narrative

Description

Located in one of Los Angeles’ most rapidly growing neighborhoods, this LARD 1.5-zoned property offers a prime investment and development opportunity. With significant potential for multi-unit construction, this site is ideal for developers seeking to maximize density and long-term value. The property currently features nine individual houses and a salon, providing immediate rental income while serving as a strong foundation for future redevelopment. Strategically positioned in Glassell Park, this site offers seamless access to major freeways, ensuring efficient connectivity to Downtown LA, Silver Lake, and Glendale. The area’s ongoing growth and demand for housing make this an exceptional opportunity for investors looking to develop in a high-potential market.Whether for redevelopment, expansion, or a value-add project, this property presents a rare chance to create a high-performing asset in a sought-after Los Angeles location

Listing agent (MLS): JOHANS LIN · Listing brokerage (MLS): Johans Lin, Broker

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,100,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

18,199 sqft

Baths

Baths n/a

Lot Size

0.42 acres

Year

1938

Status

For Sale

Days on Market

584

$ / Sqft

$170

· 8% down, 7% APR, 30yr fixed
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Courtesy of Johans Lin, Broker